The Public Service Commission is expected to vote later this year on a ConEd-backed plan to add several bucks to monthly bills each year through 2025.
Summertime electricity bills are about to hit New Yorkers hard as air conditioning units get ready to rattle across the five boroughs.
And the juice will only get less sweet if the state approves a 12% hike at the behest of Con Edison over the next three years. A monthly electricity bill of $83.50 last year would jump to $87 this year if the Commission greenlights a 3.8% increase as ConEd proposed in February. “The PSC is in the midst of an extensive top-to-bottom review of Con Edison, its finances, and its customer service procedures. Members of the public and public officials are strongly encouraged to continue submitting their comments, which are accepted up to a final Commission decision,” he said.
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